At the time of writing, Roadzen Inc [RDZN] stock is trading at $1.36, up 20.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RDZN shares have gain 13.33% over the last week, with a monthly amount glided 42.27%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Roadzen Inc [NASDAQ: RDZN] stock has seen the most recent analyst activity on May 23, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $10.
For the past year, the stock price of Roadzen Inc fluctuated between $0.68 and $2.99. Roadzen Inc [NASDAQ: RDZN] shares were valued at $1.36 at the most recent close of the market.
Analyzing the RDZN fundamentals
According to Roadzen Inc [NASDAQ:RDZN], the company’s sales were 46.23M for trailing twelve months, which represents an 21.65% jump. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.71%, Pretax Profit Margin comes in at -0.62%, and Net Profit Margin reading is -0.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.86, Equity is 0.97 and Total Capital is 1.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Roadzen Inc [NASDAQ:RDZN] has a current ratio of 0.45. As well, the Quick Ratio is 0.42, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.24.
Transactions by insiders
Recent insider trading involved Malhotra Rohan, that happened on Mar 12 ’25 when 2300.0 shares were purchased. Malhotra Rohan completed a deal on Mar 06 ’25 to buy 16750.0 shares. Meanwhile, Malhotra Rohan bought 2000.0 shares on Mar 07 ’25.
